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how long before we decide, object, the economy is improves? at the current rate we're going which is too slow, we'll be at two plus more years of unemployment rate at about 6.5%. what we really need to do is to create jobs. better jobs. this is where the minimum wage starts to come in. all the strikes we've been noticing. these are workers, especially fast food places that are demanding much higher wages than they're colonelly getting which is a start. >> we're talking about raising the minimum wage. nancy, rand paul, senator paul was in detroit today. and he laid out an economic strategy. some of which i like and some of which i think was problematic. one of the things he said he wanted to do was to lift the requirements of paying prevailing wage and paying a wage to construction workers that for union construction workers. he said i want to lift that burden from construction companies. we've been talking about raising the wage. do you think it is an i crease in prosperity? >> i think it could be if it creates jobs. as someone who had a recor
how long before we decide, object, the economy is improves? at the current rate we're going which is too slow, we'll be at two plus more years of unemployment rate at about 6.5%. what we really need to do is to create jobs. better jobs. this is where the minimum wage starts to come in. all the strikes we've been noticing. these are workers, especially fast food places that are demanding much higher wages than they're colonelly getting which is a start. >> we're talking about raising the...
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Dec 9, 2013
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the grocery, keeping the economy going. some people say if you cut the benefits, you lose a quarter of a million jobs, you guys think folks are just sitting around, lazy? 1.3 million americans are lazy? >> of course not, van. you know better than that. >> then why take the lifeline -- >> let's not lump all republicans in one group. remember that speaker boehner is saying, look, i'm open to an extension as part of a budget deal, on the other side you had dick durbin say we don't necessarily have to have this just our way. so point one s. let's not let this issue upset a budget deal or a debt ceiling deal, which we need to keep the economy moving more broadly. in that is there room for compromise? of course. when it was 99 weeks, it's different from now, say 47 weeks, so now the super turbocharged level, but need mentioned earlier some states didn't extend the benefits. those states were probably mostly red states, frankly, with probably better economies to begin with, perhaps like texas, for example, or kansas, south dakota,
the grocery, keeping the economy going. some people say if you cut the benefits, you lose a quarter of a million jobs, you guys think folks are just sitting around, lazy? 1.3 million americans are lazy? >> of course not, van. you know better than that. >> then why take the lifeline -- >> let's not lump all republicans in one group. remember that speaker boehner is saying, look, i'm open to an extension as part of a budget deal, on the other side you had dick durbin say we...
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Dec 7, 2013
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. >>> the economy is climbing back. i'm christine romans. the economy is growing at the fastest pace since the beginning of 2012. driving growth? businesses. do they expect demand from consumers to surge and what happens if consumers are not buying? another critical sector to watch, housing. sales of new homes up 25% in october. the sharpest gain in 35 years. positive jobs numbers show the economy is healing. 203,000 jobs added in november. the u.s. on track now to create the most jobs since 2005. the jobless rate lowest in five years. stock market may have taken a breather, but it is a banner year for stocks. 25% of americans hold three quarters of all stocks. many americans are more concerned where the next meal is coming from than the 401(k). fast food workers striking against poverty wages. the economy, jobs, minimum wage. that is the president's agenda for the next three years. alex is the business director and chairman of the economic advisers. also with me is a former adviser to presidential candidate mitt romney. austin, let me start
. >>> the economy is climbing back. i'm christine romans. the economy is growing at the fastest pace since the beginning of 2012. driving growth? businesses. do they expect demand from consumers to surge and what happens if consumers are not buying? another critical sector to watch, housing. sales of new homes up 25% in october. the sharpest gain in 35 years. positive jobs numbers show the economy is healing. 203,000 jobs added in november. the u.s. on track now to create the most jobs...
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Dec 10, 2013
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>> this deal does not help the economy. we need a growing economy. we need less regulations and we haven't even talked about the president's health care plan. you have to roll back on something. >> i have to say that continuing with this sequester, this austerity budget which it is by any other term is the worst for the economy. it kills job growth. it kills investment. it is the poorest of economics. that's why we're not fully recovered. if congress would get out of the way, i think the economy would have fully recovered. >> i want to thank both of you for being here. the rest of you, i want to you stay engaged with us. to go facebook or twitter to weigh in on our fire back question. are you happy with the budget deal? right now 40% of you say yes. 60% of you say no. the debate will continue online at cnn.com/crossfire as well as facebook and twitter. from the left. i'm van joenls and i'm happy. >> from the right, i'm s.e. cupp and i'll wait to see. join us tomorrow for another edition of "crossfire." erin burnett "outfront" starts right now. >>> co
>> this deal does not help the economy. we need a growing economy. we need less regulations and we haven't even talked about the president's health care plan. you have to roll back on something. >> i have to say that continuing with this sequester, this austerity budget which it is by any other term is the worst for the economy. it kills job growth. it kills investment. it is the poorest of economics. that's why we're not fully recovered. if congress would get out of the way, i...
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Dec 4, 2013
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the economy didn't always work for everyone. racial discrimination locked millions out of the of poverty -- or out of opportunity. women railroad too often confined to a handful of poorly paid professions. and it was only try pain staking struggles that they began to win the right to -- >> and as the president continues his address live in washington, d.c., we'll watch those remarks. we'll have a full wrap-up of all of the key points being made today. and wolf blitser always has a full wrap up on his program as well. >>> in the meantime, what a story. his wife as blujenned to death in the home right in front of his three-year-old son. and he was made the only suspect in the case. he was convicted and sentenced to a life in prison. here is the worst part. he did not do it. dna evidence exonerated him. and he and his attorney is going to join me live to talk about this, coming up next. so you can see like right here i can just... you know, check my policy here, add a car, ah speak to customer service, check on a claim...you know,
the economy didn't always work for everyone. racial discrimination locked millions out of the of poverty -- or out of opportunity. women railroad too often confined to a handful of poorly paid professions. and it was only try pain staking struggles that they began to win the right to -- >> and as the president continues his address live in washington, d.c., we'll watch those remarks. we'll have a full wrap-up of all of the key points being made today. and wolf blitser always has a full...
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Dec 10, 2013
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do you think that boosts the economy? >> i think one of the biggest problems that we faced, certainly coming out of the worst recession of our lifetimes but it really predates that through all of the 2000s you had median family income. just the family right in the middle falling $2,000 over the course of what was supposed to be the boom and then the second blow to them was a terrible recession. so, the hollowing out of the middle class and the fact that ordinary people like the people on the segment or, you know, millions of people around the country not being able to keep up is a big mac roeconomic problem. more than just a microproblem facing their families. the fact that the number one biggest problem facing small business in the country by their own admission is that people can't afford to buy their products. i think we got to confront that. if we don't start rebuilding the income growth coming from the middle, we don't have a sustainable growth model. >> we'll talk solutions in just a moment here. but i want you to s
do you think that boosts the economy? >> i think one of the biggest problems that we faced, certainly coming out of the worst recession of our lifetimes but it really predates that through all of the 2000s you had median family income. just the family right in the middle falling $2,000 over the course of what was supposed to be the boom and then the second blow to them was a terrible recession. so, the hollowing out of the middle class and the fact that ordinary people like the people on...
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Dec 7, 2013
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." >>> a possible tipping point for the economy. 203,000 jobs created last month. but as low-wage workers take to the streets it looking more like one america with two economies. i'm christine romans. this is "your money." america on track to create nearby 2.3 million jobs this year. but the quality of those jobs could spark the beginning of a 21st century labor movement. fast food workers protesting in 100 cities across the country this week. they're calling for a living wage, $15 an hour. they are not alone in their call for better pay. >> we know there are airport workers and fast food workers and nurse assistants and retail salespeople who work their tails off and are still living at or barely above poverty. >> the president has called for raising the minimum wage to $9 an hour. he also supports a bill in congress to raise it to $10.10 but fast foods workers say $15 an hour the living wage they need. the question, a living wage, who pies? could raising the minimum wage ultimately hurt the very worker rs it's meant to help? it's all in the eye of the beholder. f
." >>> a possible tipping point for the economy. 203,000 jobs created last month. but as low-wage workers take to the streets it looking more like one america with two economies. i'm christine romans. this is "your money." america on track to create nearby 2.3 million jobs this year. but the quality of those jobs could spark the beginning of a 21st century labor movement. fast food workers protesting in 100 cities across the country this week. they're calling for a...
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is have been a good healthy economy. that's the sad fact. first of all, there was no new flawed planted in the ground. he's been talking since the moment -- actually since he ran for president. to balance the budgets in a response way, reduce the deficit. those are precisely the things that he accomplished, so i'm pleased to know you agree. >> the difference quite simply is after five years, he still has not learned how to reach across the aisle. he was willing to sit down -- >> i've said this before, and i guess this is a tribute to you. you were a different kind of speaker. you were able to bring your caucus along, and get things done. >>> congressman, i'm sure you have a lot to respond to. >> yes, i do. very specific question. u ubs. >> do you great deal that inequality is a problem? >> yes, it's getting worse. you would think they weren't in power. the fact is the democrats have the house and senate. they did a $787 billion stimulus plan, the cash for clunkers, all these things that didn't grow the economy. they exacerbated the problem.
is have been a good healthy economy. that's the sad fact. first of all, there was no new flawed planted in the ground. he's been talking since the moment -- actually since he ran for president. to balance the budgets in a response way, reduce the deficit. those are precisely the things that he accomplished, so i'm pleased to know you agree. >> the difference quite simply is after five years, he still has not learned how to reach across the aisle. he was willing to sit down -- >>...
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. >> good economy. >> a better economy. a lot of people say they don't feel it. a better than expected jobs report pushed the dow nearly 200 points higher on friday. >> you know why 203,000 jobs were added to payrolls in november. way better than expected. the jobless rate, that ticked significantly lower to 7%. that is the lowest it's been in five years. we have more on how it's affecting wall street. good morning, zain. >> well, poppy and victor, it was a big week for the economy. car sales rose, new home sales soared and friday, unemployment rate druopped to 7%. that's the lowest since 2008. earlier this year, unemployment declined a lot of people got discouraged and weren't counted. the economy has added more than 2 million jobs this year, the best since 2005 and the gains not just in low-rate sectors. a lot in education and health care, professional services like accountants and travel agents. and hiring in manufacturing is strongest since last year. wages are up and americans are working less hours. the list goes on. the report pushed the dow up 200 points
. >> good economy. >> a better economy. a lot of people say they don't feel it. a better than expected jobs report pushed the dow nearly 200 points higher on friday. >> you know why 203,000 jobs were added to payrolls in november. way better than expected. the jobless rate, that ticked significantly lower to 7%. that is the lowest it's been in five years. we have more on how it's affecting wall street. good morning, zain. >> well, poppy and victor, it was a big week for...
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they've been stimulating the economy since 2008. and we're talking trillions of dollars. and people are wondering when are they going to start pulling back ton the stimulus? but a lot hangs on these job growth numbers. >> the 401(k) is in great shape right now. it's been a good year. >> yes, it has. >> just ahead, of course, the big story of the day, the man, the legend and myth. we're going to look back at nelson mandela's life and talk about his revolution. and maybe a couple of things that might really surprise you about a man you think you know a lot about. ♪ [ male announcer ] alka-seltzer plus presents the cold truth. [ sniffles, coughs ] shhhh! shhhh. [ coughs ] i have a cold with this annoying runny nose. [ sniffles ] i better take something. [ male announcer ] truth is, dayquil cold and flu doesn't treat all that. it doesn't? [ male announcer ] nope. [ sniffles ] alka-seltzer plus fights your worst cold symptoms plus has a fast acting antihistamine to relieve your runny nose. oh, what a relief it is! [ man ] shhhh! for fa
they've been stimulating the economy since 2008. and we're talking trillions of dollars. and people are wondering when are they going to start pulling back ton the stimulus? but a lot hangs on these job growth numbers. >> the 401(k) is in great shape right now. it's been a good year. >> yes, it has. >> just ahead, of course, the big story of the day, the man, the legend and myth. we're going to look back at nelson mandela's life and talk about his revolution. and maybe a...
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Dec 7, 2013
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that the economy is improving, 39% believe the country is still in a downturn. and then when you break it apart by age. >> right. >> 34% of people under 50 say we're still headed in a downturn. 45% of people over 50 say we're headed in a downturn. let's start with you, amy. why are people not feeling these good numbers? and why are older americans feeling them worse? i mean, why is it a worse experience for them? >> the generational question is an interesting one, when you consider that young people have been having such a tough time finding jobs in an anemic job market for the past five years. but as to why so many americans feel like the economy is going in the wrong direction is because of five years of experience. now, while these numbers should make us cautiously optimistic, gdp growth was 3.6%, but that's still very slow. we've had one of the slowest, worst economic recoveries in american history, and i think people are really feeling that, and i think maria couldwell. the economic uncertainty, if you're 50, you're thinking about the retirement, what will
that the economy is improving, 39% believe the country is still in a downturn. and then when you break it apart by age. >> right. >> 34% of people under 50 say we're still headed in a downturn. 45% of people over 50 say we're headed in a downturn. let's start with you, amy. why are people not feeling these good numbers? and why are older americans feeling them worse? i mean, why is it a worse experience for them? >> the generational question is an interesting one, when you...
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Dec 8, 2013
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that money goes right back into the economy. so is it -- who has the upper hand here when they look at it? do people look and go well, the stimulus, you know, may have worked. it plays out in arguments? >> part of what you're seeing with the politics is you have this dlcliff. a lot of people would be getting extended unemployment benefits and then right after christmas they wouldn't. that is the not the best way to do it. most states reduced the weeks of unemployment benefits already. that is not the way to go about it. it's to suddenly yafrpg the rug out from a lot of families that are feeling a lot of pain already. i think say little bit of -- the democrats are really going to push for this. think think there is a little queez jiness among republicans that just letting two million families all of a sudden see the end of this. >> it needs to be extended. 7% unemployment rate is where the employment rate is the typical recession is. you consider people who are underemployed and given the low wage growth, i think the economy is t
that money goes right back into the economy. so is it -- who has the upper hand here when they look at it? do people look and go well, the stimulus, you know, may have worked. it plays out in arguments? >> part of what you're seeing with the politics is you have this dlcliff. a lot of people would be getting extended unemployment benefits and then right after christmas they wouldn't. that is the not the best way to do it. most states reduced the weeks of unemployment benefits already....
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Dec 4, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. stick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now. philips sonicare.
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses every day we're working to and to keep our commitments. and we've made a big commitment to america. bp...
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launch of a project this big that has an impact on one-sixth of our economy. whatever comes up, we're going to just fix it. >> meanwhile, former president bill clinton says his recent suggestion that president obama keep his word and let people keep their health insurance plans was not aimed, or not trying to distance hills from the president's health care law in an effort to help his wife hillary's potential 2016 presidential bid. >> i said nothing about this. not one word, until the president himself spoke. i don't think you can find anybody in america who's worked harder for his re-election or supported this bill or went out of his way to explain the bill to the american people more than i did. >> so mr. clinton says he does not know whether his wife will run for president. and adds that he would support joe biden as a 2016 presidential nominee if he got the nomination. he'll support any democratic nomination. >>> notre dame is suing over obama care birth control mandates. they're doing this again. the university filed a fresh lawsuit opposing insurance for
launch of a project this big that has an impact on one-sixth of our economy. whatever comes up, we're going to just fix it. >> meanwhile, former president bill clinton says his recent suggestion that president obama keep his word and let people keep their health insurance plans was not aimed, or not trying to distance hills from the president's health care law in an effort to help his wife hillary's potential 2016 presidential bid. >> i said nothing about this. not one word, until...
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Dec 6, 2013
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short time ago the labor department reported this, that the economy added 203,000 new jobs last month. that was better than they expected. so far 2 million new jobs have been added this year. crunch the numbers and you get a 7% jobless rate. it hasn't been that low since 2008. and if the december job figures are as good as expected, 2013 will mark the strongest economic growth in five years. let's go to zain asher who is on wall street. good jobs news sometimes means
short time ago the labor department reported this, that the economy added 203,000 new jobs last month. that was better than they expected. so far 2 million new jobs have been added this year. crunch the numbers and you get a 7% jobless rate. it hasn't been that low since 2008. and if the december job figures are as good as expected, 2013 will mark the strongest economic growth in five years. let's go to zain asher who is on wall street. good jobs news sometimes means
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Dec 5, 2013
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economy and your 401(k), a key checkup shows the economy growing at a quicker pace than expected. you'd that that would send stocks soaring but that's not necessarily the case. zain asher joining us from the new york stock exchange. start with the key economic report that came out today. how much growth are we talking about? >> reporter: third quarter gdp coming in at 3.6%. certainly a good headline number and the biggest growth we've seen since the first quarter of 2012. part of the reason for this is seeing a bigger boost in inventories, bigger buildup in inventorie inventories. you'll see consumer spending is weak. but if you remove inventories from the data, gdp third quarter actually would have come in at 1.9%. not necessarily that impressive. how far, the headline number's getting stronger. if you compare it to what we've seen this year, the first three months of the year, 1.1%, last quarter 2.5%, and also this number is certainly in line with stronger economic reports we've seen just this week from the car industry, and also housing and jobless claims as well. >> very encou
economy and your 401(k), a key checkup shows the economy growing at a quicker pace than expected. you'd that that would send stocks soaring but that's not necessarily the case. zain asher joining us from the new york stock exchange. start with the key economic report that came out today. how much growth are we talking about? >> reporter: third quarter gdp coming in at 3.6%. certainly a good headline number and the biggest growth we've seen since the first quarter of 2012. part of the...
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the economy is looking like not great but better. does he gather some new steam from this? >> i think it's one of the cases where the reality will matter. obviously the website is working better for consumers but we don't know how well it's working for working with the insurers getting these people who are trying to enroll. the administration said 1 out of 10 people signing up, there are errors in the forms that go to the insurance companies. that also needs to work out. there's been a lot of damage to the promise he made and broke that if you liked your plan, you could keep it. whatever explanation can be made, including senator reid's kind of perplexing one, i think that cost him a lot of credibility with americans. he needs to rebuild that. >> i want to move you to a different politician. and that is bill clinton who famously gave democrats cover, as we say, and said, well, i actually think he ought to let people keep their health care coverage. caused quite the stir. he did an interview with our juan carlos lopez and talked about that moment when he said, i think the pr
the economy is looking like not great but better. does he gather some new steam from this? >> i think it's one of the cases where the reality will matter. obviously the website is working better for consumers but we don't know how well it's working for working with the insurers getting these people who are trying to enroll. the administration said 1 out of 10 people signing up, there are errors in the forms that go to the insurance companies. that also needs to work out. there's been a...
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the economy is getting stronger. you're also going to be seeing these numbers long-term investors who are betting on the economy actually buying in, short term investors might be more concerned about what the fed is doing. i think overall as christine romans my colleague just mentioned, this does mean that there is a higher probability of the fed beginning to taper at some point in the near future, obviously you have the fed the last meeting of the year coming up in two weeks, so people are going to be asking themselves what will this mean for tapering. it's not just about the jobs numbers. you want to see consistency and other positive economic data. we have car numbers, we have jobless claims, new home sales as well, all of that coming in very positively. you need to see consistency and be sure in the next couple of months you don't see a reversal, seasonal workers added for the holiday season being losing their jobs in the next few months. we need to see consistently but this brings to light fed tapering. >> zain
the economy is getting stronger. you're also going to be seeing these numbers long-term investors who are betting on the economy actually buying in, short term investors might be more concerned about what the fed is doing. i think overall as christine romans my colleague just mentioned, this does mean that there is a higher probability of the fed beginning to taper at some point in the near future, obviously you have the fed the last meeting of the year coming up in two weeks, so people are...
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economy, both striking ones. the gdp, the gross domestic product shot up 3.6% in the third quarter and a second report is showing the best private sector jobs growth all year. zain asher will join us had ffrw york in a minute. probably means the friday jobs market numbers will be very good. those numbers come out tomorrow. >>> the fight to close that wage gap heats up today, in just about two hours thousands of fast food workers are expected to protest in 100 cities across the country, from new york city to new orleans, to oakland, trying to pressure employers into paying a livable wage of $15 an hour. now they've got a powerful ally on their side, president obama. >> we know that we're going to have a greater and greater portion of our people in the service sector and we know that there are airport workers and fast food workers and nurse assistants and retail sales people who work their tails off and are still living at or barely above poverty. that's why it's well past the time to raise a minimum wage. >> but t
economy, both striking ones. the gdp, the gross domestic product shot up 3.6% in the third quarter and a second report is showing the best private sector jobs growth all year. zain asher will join us had ffrw york in a minute. probably means the friday jobs market numbers will be very good. those numbers come out tomorrow. >>> the fight to close that wage gap heats up today, in just about two hours thousands of fast food workers are expected to protest in 100 cities across the country,...
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economy is getting stronger and traders want in on that. i have been downstairs talking to traders all day. here's what they're telling me. they are telling me they finally accepted the fact that tapering is inevitable, they know it will happen, but don't expect it will happen for a good few months. here's why. yes, we got a strong jobs report. however, consumer spending is still problematic. they don't expect fourth quarter gdp to be particularly strong and they don't expect tapering to really begin until budget negotiations are firmly in the rear view mirror. they want to see certainty on capitol hill, of course. but also, they want to see consistency. you know, it's fine if you have one or two months of 200,000 job gains but you want to see consistency. i think the main focus for everyone downstairs was the unemployment rate. that coming as low as 7%, the fed has said they want to see it at 6.5%. it's going to be interesting to see whether the rally continues or whether we will start to see profit taking in the next couple weeks. >> zain
economy is getting stronger and traders want in on that. i have been downstairs talking to traders all day. here's what they're telling me. they are telling me they finally accepted the fact that tapering is inevitable, they know it will happen, but don't expect it will happen for a good few months. here's why. yes, we got a strong jobs report. however, consumer spending is still problematic. they don't expect fourth quarter gdp to be particularly strong and they don't expect tapering to really...
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many economists say the payment helped economy. and there's the farm bill, defense department policy bill. and even the tweak to medicare fees to keep patients from being dropped from the rolls of health care providers. a lot of stuff on the list not clear at all that you a lot of that is going to get done. >> joe, last we left off back in october was when the big committee of i think 29 conference committee members were going to try to get together. and it all looked like there was a big cool by yaw. and now as i'm hearing it and correct me if i'm wrong, they're going to take their own plan and bypass that whole committee to the congress. it's a cease fire, just do it. is that it? >> there's a question as to whether that strategy or any other strategy is actually going to be the thing they end up with. i think you have to say that opinions are mixed as to whether they're going to be able to get some type of a blanket deal or do something much smaller which is what happened before when we've gotten pushed up get the deadline. >> we
many economists say the payment helped economy. and there's the farm bill, defense department policy bill. and even the tweak to medicare fees to keep patients from being dropped from the rolls of health care providers. a lot of stuff on the list not clear at all that you a lot of that is going to get done. >> joe, last we left off back in october was when the big committee of i think 29 conference committee members were going to try to get together. and it all looked like there was a big...
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has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make sure that it does. using natural gas this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ >>> welcome back to "new day" on this thursday. i want to bring you the latest on the latest headlines. a powerful arctic blast is set to deliver its next punch, a snow and ice storm expected to stretch from the southern plains to the ohio valley. more snow also falling in the rockies but at a bit of a slower pace and snow continues to fall in the upper midwest. in minnesota, the storm is being blamed for nearly 500 car crashes statewide on wednesday alone. >>> actor paul walker may have survived the initial impact of saturday's fatal crash, autopsy results suggest the "fast & furious" star died from a combinati
has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make sure that it does. using natural gas this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ >>> welcome back to...
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. >>> next, how to understand the booming american economy. i'll ask the man who presided over great growth and some critics charge also helped create many bubbles. former fed chair, alan greenspan. >>> and as we approach the first anniversary of the new town massacre, what can the u.s. learn from other nations about gun policy. i'll take you to japan for a fascinating look at a nation that loves violent video games but has a gun death rate that is very different from america's. it's a preview of a gps special airing tonight at 7:00 p.m. eastern. >>> but first, here's my take. when nelson mandela was released from prison in 1990, i remember being struck by how old-fashioned he seemed. he spoke with the language cadence and manners from the 1930s, 40s and 1950s. he reminded me of the great national leaders of the post colonial world who led their countries to freedom. he had the same way of speaking and dressing, the same dignity and bearing, the same sense of history. and mandela was a throw back to an early time. who changed the course of his
. >>> next, how to understand the booming american economy. i'll ask the man who presided over great growth and some critics charge also helped create many bubbles. former fed chair, alan greenspan. >>> and as we approach the first anniversary of the new town massacre, what can the u.s. learn from other nations about gun policy. i'll take you to japan for a fascinating look at a nation that loves violent video games but has a gun death rate that is very different from...
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the economy doing better, let's talk about housing. you say there's good news there. >> that's one very important part of your finance triangle. 3% home growth is what zillow was forecasting. mortgage rates moving up, 4.46%. that's not necessarily bad. why? it says the banks might start writing more loans next year. >> historically they're still very low. >> very low, absolutely. anything under 5% is still very low. >> good news. why is the stock market still stalling? >> that's interesting. five down days for stocks over the past week. your 401(k) is up double digits this year, no question. you've seen really good -- really good stock market gains this year. but as the economy starts to improve, the fed could start to pull back on that stimulus and that's one reason you're seeing the stock market start to question whether it can keep going. >> you've got good news all around, the jobs report coming out. they're optimistic it could be -- >> 183,000, probably. >> you're not sold on that. >> i'm not sold on that. you have low-wage jobs a
the economy doing better, let's talk about housing. you say there's good news there. >> that's one very important part of your finance triangle. 3% home growth is what zillow was forecasting. mortgage rates moving up, 4.46%. that's not necessarily bad. why? it says the banks might start writing more loans next year. >> historically they're still very low. >> very low, absolutely. anything under 5% is still very low. >> good news. why is the stock market still stalling?...
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economy. yes, the economic figures were good, claims for jobs were down, but what worries investors quantitative easing might be backed off, they get nervous. good figures, dow goes down. >> call your investor today. >> someone who knows about these, zain asher at the new york stock exchange. you've been watching a train of wealthy chinese people buying up real estate. >> absolutely. so, yeah, chinese nationals buying up american real estate. 18% of all new home purchases made by foreigners came from chinese nationals. part of the reason, economic growth rates in china. know they've slowed in recent years, they are still impressive by world standards. last year 7.8%, china's the world's second largest economy look at the exchange rates, chinese yuan strengthening, chinese can get more for their money when they inrest in the united states. 70% of chinese nationals that invest in american homes make all cash purchases and not only that, they're buying more expense everybody properties. they're s
economy. yes, the economic figures were good, claims for jobs were down, but what worries investors quantitative easing might be backed off, they get nervous. good figures, dow goes down. >> call your investor today. >> someone who knows about these, zain asher at the new york stock exchange. you've been watching a train of wealthy chinese people buying up real estate. >> absolutely. so, yeah, chinese nationals buying up american real estate. 18% of all new home purchases made...
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economy. and already some are reporting their competitors in europe are stealing their business simply because these companies are able to say that they can offer better privacy protections and they don't have to help the sa snoop. microsoft's general counsel wrote in a blog post that customers won't use technology they don't trust. he says the government puts that trust at risk and the government has to help restore it, suzanne. >> evan, thank you so much. a lot of people are just thinking you can't -- there's no guarantee of privacy wherever you are. >> as i said, hardly the nsa but a lot of those companies have been accused of collecting plenty of data about us, as well. >> information. >> it's not the same thing about you. >> not altruistic. >> not at all. an american singer, check this out, not arab, nearly took the top prize in a tv show called "arabs got talent." >> was very good, too. ♪ [ lane ] do you ever feel like you're growing old waiting for your wrinkle cream to work? clinical
economy. and already some are reporting their competitors in europe are stealing their business simply because these companies are able to say that they can offer better privacy protections and they don't have to help the sa snoop. microsoft's general counsel wrote in a blog post that customers won't use technology they don't trust. he says the government puts that trust at risk and the government has to help restore it, suzanne. >> evan, thank you so much. a lot of people are just...
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economy is heating up. according to the latest jobs report, 203,000 people found work in november, and the unemployment rate dropped sharply to 7%, the lowest level in five years. add to that the fact that the economy grew at a rate of 3.6% in the third quarter, faster than initially thought, and it's no wonder the white house wants more. >> no one who works on these issues in the administration is satisfied. >> reporter: but analysts warn this warming trend is leaving too many americans out in the cold. >> if you're wealthy, you're feeling it but if you're in the middle or on the lower end of the economic spectrum, you really aren't. >> reporter: just look at the numbers. while the economy has recovered millions of lost jobs since the great recession, nearly six in ten americans say things are still going badly in the country. that's because in this recovery, there are two americas. wall street is booming, ending the week on a strong note. even as fast food workers were marching in the streets for higher w
economy is heating up. according to the latest jobs report, 203,000 people found work in november, and the unemployment rate dropped sharply to 7%, the lowest level in five years. add to that the fact that the economy grew at a rate of 3.6% in the third quarter, faster than initially thought, and it's no wonder the white house wants more. >> no one who works on these issues in the administration is satisfied. >> reporter: but analysts warn this warming trend is leaving too many...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. a research tool on thinkorswim. [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. >>> president obama and other presidents are on their way to the funeral for nelson mandela, the world is quickly preparing for what ma
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology...
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you can see some economic success stories and south africa has the opportunity to be the economy that is the engine of south africa and i think if they follow the example of mandela and remember in politics, it matters a lot what your recent history, what your institutions are, what examples you choose to live up to. all of the people here have got the most amazing icon for their future politicians to try and live up to. whether they win or not is a matter for them. it does matter. like british politics. when you have massive figures like winston churchill that have sat in the chair you now sit in, it doesn't mean sadly you're like them but it does mean that you've got heroes to try and live up to, the people of south africa, indeed, all of africa in mandela have a circle i think is looking down at them in the future and they will be looking up to him and hopefully, emulating and treasuring his memory. >> thank you. cameron a young man very moved by the mandela experience. >> absolutely. he mentioned the queen and their relationship. there was sort of a charming relationship between m
you can see some economic success stories and south africa has the opportunity to be the economy that is the engine of south africa and i think if they follow the example of mandela and remember in politics, it matters a lot what your recent history, what your institutions are, what examples you choose to live up to. all of the people here have got the most amazing icon for their future politicians to try and live up to. whether they win or not is a matter for them. it does matter. like british...
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(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. pop in the drum of any machine... ♪ ...to wash any size load. it dissolves in any temperature, even cold. tide pods. pop in. stand out. >>> hey. sit. fin was my bomb dog. i asked if i would be able to get my dog. he said we'll get you your dog. it's great having a dog that i went through so much with. as a pet, he just grew into the life of watching tv. i am going to meet with the executive director and president of operation finally home, organization i'm trying to have build a house for me. >> we're good to go. >> it's definitely a little nerve racking. >> good morning. >> how you doing, buddy? good to see you. >> hi, ken. dan wallrath. >> nice to meet you. >> you know, what you've done is just amazing, you and fynn. we want you to know your sacrifice has not gone unnoticed and we appreciate you very much. >> thank you. i appreciate that. that does really mean a lot. >> everybody's situation is different. so we don't have a set of hard and fast ru
(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. pop in the drum of any machine... ♪ ...to wash any size load. it dissolves in any temperature, even cold. tide pods. pop in. stand out. >>> hey. sit. fin was my bomb dog. i asked if i would be able to get my dog. he said we'll get you your dog. it's great having a dog that i went through so much with. as a pet, he just grew into the life of watching tv. i am going...
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but as low-wage workers take to the streets it looking more like one america with two economies. i'm christine romans. this is "your money." america on track to create nearby 2.3 million jobs this year. but the quality of those jobs could spark the beginning of a 21st century labor movement. fast food workers protesting in 100 cities across the country this week. they're calling for a living wage, $15 an hour. they are not alone in their call for better pay.
but as low-wage workers take to the streets it looking more like one america with two economies. i'm christine romans. this is "your money." america on track to create nearby 2.3 million jobs this year. but the quality of those jobs could spark the beginning of a 21st century labor movement. fast food workers protesting in 100 cities across the country this week. they're calling for a living wage, $15 an hour. they are not alone in their call for better pay.
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wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. >>> my name is anita moorjani, and i died on february 2, 2006. when i was really young, i felt my life was really pretty magical. we lived in a condominium in hong kong. i lived with my parents and my brother. i went to a british school where the kids spoke in english. and then of course, at home with my parents, we would speak in our native language, we call it sindhi but it is an indian dialect. >> walk me through what it was like walking around with so many cultures going around. >> i got bullied very, very badly at school. because i was pretty much the only indian child in my year. i wanted to be like them. i would want to color my hair to make it lighter. and i would use bleach on my skin and so i really wanted to fit in. at the same time, when i met indian people, when my parents tried to arrange a marriage for me and i was meeting other sindhi men, i didn't feel like i fit with them either. >> let's talk about y
wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. >>> my name is anita moorjani, and i died on february 2, 2006. when i was really young, i felt my life was really pretty magical. we lived in a condominium in hong kong. i lived with my parents and my brother. i went to a british school where the kids spoke in english. and then of course, at home with my parents, we would speak in...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses discover card. hey! so i'm looking at my bill, and my fico® credit score's on here. yeah, you've got our discover it card, so you get your fico® score on your monthly statements now, for free! that's nice of you! it's a great way to stay on top of your credit, and make sure things look the way they should. awesomesauce! huh! my twin sister always says that. wait...lisa? julie?! you sound really different on the phone. do i sound pleasant? for once in your life you sound very pleasant. at discover, we treat you like you'd treat you. free fico® credit score. get the it card at discover.com. but add brand new belongings from nationwide insurance and we won't just giv
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses discover card. hey! so i'm looking at my bill, and my fico® credit score's on here. yeah, you've got...
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. >> biden's trip was supposed to be about trade and the economy. now in fact it's all about the chinese military. vice president joe biden with one eye towards a possible 2016 bid is getting the chance to flex his international muscle power in asia. >> the united states has an interest in the lowering of tensions in this vital region. as i believe all the countries in northeast asia share that same interest with us. >> reporter: biden, in crisis manager mode, arrived in tokyo as the region confronts a power grab by beijing. china declared it now controls a vast portion of the air space over the east china sea and remote islands that both china and japan claim. biden will bluntly ask the chinese leaders their military intentions when he stops in china next. u.s. officials worry china's ultimate aim is a confrontation with japan. >> we, the united states, are deeply concerned. by the attempt to unilaterally change the status quo in the east china sea. this action has raised regional tensions and increased the risk of accidents and miscalculation. >>
. >> biden's trip was supposed to be about trade and the economy. now in fact it's all about the chinese military. vice president joe biden with one eye towards a possible 2016 bid is getting the chance to flex his international muscle power in asia. >> the united states has an interest in the lowering of tensions in this vital region. as i believe all the countries in northeast asia share that same interest with us. >> reporter: biden, in crisis manager mode, arrived in tokyo...
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it would provide a huge boost to the economy and a huge boost to walmart because they're the people who shop at walmart. >> i wish i could talk to you longer, but i'm out of time. thank you for joining me this morning. >>> and thank you for joining -- thank you for joining me. i'm carol costello. "legal view" with ashleigh banfield starts now. >> we now know that bronx kmun commute ter train was going 82 miles per hour as it headed towards a curve. may be soon we'll know why. could criminal charges be coming? >>> also this hour, a real life season opera unfolding inside a comic book empire. accusing the boss of bullying and filthy discrimination. >>> and also a lawsuit headed to new york's supreme court claiming that prisoners are being held under inhuman conditions and deserve to go free. and did we mention that the image on your screen is the prisoner of which we're speaking? chimpanzees. we'll explain that one in a moment as well. >>> hello, everyone. i'm ashleigh banfield. it's tuesday, december 3rd. >>> a little more than two days after the first deadly wreck on new york's metro-no
it would provide a huge boost to the economy and a huge boost to walmart because they're the people who shop at walmart. >> i wish i could talk to you longer, but i'm out of time. thank you for joining me this morning. >>> and thank you for joining -- thank you for joining me. i'm carol costello. "legal view" with ashleigh banfield starts now. >> we now know that bronx kmun commute ter train was going 82 miles per hour as it headed towards a curve. may be soon...
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he says the federal deficit is under control and doesn't present a serious threat to the economy but he says the gap between the rich and the poor is a different story. the president making a plea to raise the minimum wage to more than $10 and an extension of unemployment benefits. >> we know that we're going to have a greater and greater portion of our people in the service sector and we know that there are airport workers and fast food workers and nurse assistants and retail salespeople who work their tails off ian are still living at or barely above poverty. and that is why it's well past the time to raise a minimum wage that in real terms right now is below where it was when harry truman was in office. >> republican leaders took issue with the president's approach. house speaker john boehner suggesting mr. obama's policy created the very problems he described. >>> another government shutdown looming next month they are trying to hammer out a budget deal now. republicans and democrats are said to be 100 billion apart with that gap narrowing. republican congressman paul ryan and de
he says the federal deficit is under control and doesn't present a serious threat to the economy but he says the gap between the rich and the poor is a different story. the president making a plea to raise the minimum wage to more than $10 and an extension of unemployment benefits. >> we know that we're going to have a greater and greater portion of our people in the service sector and we know that there are airport workers and fast food workers and nurse assistants and retail salespeople...
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the economy added 203,000 jobs last month. that's 20,000 more than many of those economists had predicted. another surprise, the unemployment rate fell to 7% from the 7.3% a month earlier. that happens to be a five-year local and a real sign the economic recovery may be gaining some momentum. our christine romans is in new york watching all of these numbers for us. how significant are they, christine? >> it's significant, wolf. now you've got a trend in place for the year, you've got more than 2 million jobs on track to be created the best since 2005. it has been pretty in israble since the recession and the bubble burst and to say you're going to have jobs growth, on track for jobs growth, the best since 2005 is significant. you want it see these numbers, 200,000 a month and more and want to see it continue. the unemployment rate going down to 7%, wolf, the white house acknowledges that one of the big reasons, the big reason why it went down to 7% is because people newly unemployed were having an easier time finding a job. th
the economy added 203,000 jobs last month. that's 20,000 more than many of those economists had predicted. another surprise, the unemployment rate fell to 7% from the 7.3% a month earlier. that happens to be a five-year local and a real sign the economic recovery may be gaining some momentum. our christine romans is in new york watching all of these numbers for us. how significant are they, christine? >> it's significant, wolf. now you've got a trend in place for the year, you've got more...
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it is not a great economy. we're still coming out of a deep downturn. the reason people don't feel that confidence is because we haven't had that much growth. >> i want to give you the final word will. >> where does it go for november? it gives you grid lock. whether you point fingers at shutdowns or regulations, it is what's going on in washington. every time they tie themselves in knots we get a chance at recovery. >> are you being facetious a little bit? >> there is a lot of truth to that. we haven't seen any new bad news and the economy recovers. >> all right. now i get you. thank you both so much. have a great weekend. >>> next, an american teacher gunned down in benghazi, libya. what was he doing? we'll talk to a close friend. then, what has everyone so worked but that the sound of music live? plus, a plane versus 50-mile-per-hour wind gusts. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we i
it is not a great economy. we're still coming out of a deep downturn. the reason people don't feel that confidence is because we haven't had that much growth. >> i want to give you the final word will. >> where does it go for november? it gives you grid lock. whether you point fingers at shutdowns or regulations, it is what's going on in washington. every time they tie themselves in knots we get a chance at recovery. >> are you being facetious a little bit? >> there is a...
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economy. stocks high, unemployment low, and the economy growing better than anyone expected. zane asher is in new york with what it means and how it all happened. >> reporter: fredricka, it was a big week for the economy. car sales rose, new-home sales roared and the unemployment rate dropped to 7%, the lowest since 2008. and it fell for positive reasons, because people are finding work. earlier this year, the unemployment rate declined because a lot of people got discouraged, gave up looking for work and weren't counted, but the opposite seems to be happening. it's added more jobs since 2005 and the gains are not in low-wage sectors. a lot of hiring in health care, transportation, professional services like accountants and travel agents. wages are also up and americans are working more hours. the list goes on. the report pushed the dow up nearly 200 points friday. wall street is thinking the federal reserve will reduce the stimulus program soon. certainly a sign the economy is ready to stand on its own two feet. but remember, we still haven't gained back all of the jobs we l
economy. stocks high, unemployment low, and the economy growing better than anyone expected. zane asher is in new york with what it means and how it all happened. >> reporter: fredricka, it was a big week for the economy. car sales rose, new-home sales roared and the unemployment rate dropped to 7%, the lowest since 2008. and it fell for positive reasons, because people are finding work. earlier this year, the unemployment rate declined because a lot of people got discouraged, gave up...
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come up in any start up, any launch of ail project this big that has an impact on one-sixth of our economy, whatever comes up, whatever comes up, we're going to just fix it. >> meanwhile, former president bill clinton clarifying that promise that he made about president obama should keep their health plans. bill clinton said it was not designed to distance himself from the health care law in effort to help his wife hillary's 2016 presidential ambitions. >> i said nothing about this, not one word, until the president himself spoke. i don't think you can find anybody in america whose worked harder for his election or supported his bill or went out of the way to explain it to the american people than i did. >> intrigue, still. bill clinton says he does not know whether his wife will run for president and adds he will support joe biden as the 2016 presidential naumle knee if biden were to get the nomination. >>> the university of notre dame has filed another lawsuit. they're opposing a mandate in obama care. the affordable care act does make an exception for religious institutions. so this new
come up in any start up, any launch of ail project this big that has an impact on one-sixth of our economy, whatever comes up, whatever comes up, we're going to just fix it. >> meanwhile, former president bill clinton clarifying that promise that he made about president obama should keep their health plans. bill clinton said it was not designed to distance himself from the health care law in effort to help his wife hillary's 2016 presidential ambitions. >> i said nothing about this,...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. add brand new belongings from nationwide insurance and we'll replace stolen or destroyed items with brand-new versions. we put members first. join the nation. ♪ nationwide is on your side ♪ ♪ >>> welcome back to the discussion. new york retailers including macy's and barney's big department stores accused of stopping and questioning african-american customers accusing them of shoplifting or in the case of actor rob brown star of the hbo series "tremet" credit card fraud. he was handcuffed. macy's is being slapped with a subpoena from the commission on human rights new york. they are ordered to turn over their theft policies and theft data. how big of an issue do you think this is? >> i come at this from a very per
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. add brand new belongings from nationwide insurance and we'll replace stolen or destroyed items with brand-new versions. we put members first. join the...
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only ford gives you ecoboost fuel economy and a whole lot more. go further. and our giant idaho potato truck is still missing. so my dog and i we're going to go find it. it's out there somewhere spreading the good word about idaho potatoes and raising money for meals on wheels. but we'd really like our truck back, so if you see it, let us know, would you? thanks. what? >>> "washington post" is reporting this morning that the nsa is tracking hundreds of millions of cell phones worldwide, and it actually could be yours as well. paper is reporting that the spy agency stores 5 billion records every day. 5 billion, with a b, records, every day on phone users' movements and their contacts. the post cited unnamed u.s. officials and documents leaked by none other than former nsa contractor edward snowden. pentagon correspondent barbara starr joins me now. every time i tell a story like this, they're becoming very repetitive, nsa is tracking your every move stories. this is not one of those stories, is it? >> reporter: well, they are tracking your moves. >> this is bi
only ford gives you ecoboost fuel economy and a whole lot more. go further. and our giant idaho potato truck is still missing. so my dog and i we're going to go find it. it's out there somewhere spreading the good word about idaho potatoes and raising money for meals on wheels. but we'd really like our truck back, so if you see it, let us know, would you? thanks. what? >>> "washington post" is reporting this morning that the nsa is tracking hundreds of millions of cell phones...
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the economy looks like it's getting better, john. we want to see this trend continue. are we turning a corner? and does that mean the stock market stops rallying? >> big decisive jobs report and no one covers it like you! stick around at 8:30 and she will tell you all about it. we will be right back. life could be hectic. as a working mom of two young boys angie's list saves me a lot of time. after reading all the reviews i know i'm making the right choice. online or on the phone, we help you hire right the first time. with honest reviews on over 720 local services. keeping up with these two is more than a full time job, and i don't have time for unreliable companies. angie's list definitely saves me time and money. for over 18 years we've helped people take care of the things that matter most. join today. suddenly you're a mouth breather. a mouth breather! how do you sleep like that? you dry up, your cold feels even worse. well, put on a breathe right strip and shut your mouth. cold medicines open your nose over time, but add a breathe right strip, and pow! it instant
the economy looks like it's getting better, john. we want to see this trend continue. are we turning a corner? and does that mean the stock market stops rallying? >> big decisive jobs report and no one covers it like you! stick around at 8:30 and she will tell you all about it. we will be right back. life could be hectic. as a working mom of two young boys angie's list saves me a lot of time. after reading all the reviews i know i'm making the right choice. online or on the phone, we help...
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Dec 7, 2013
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harvard has a higher rate. >> reporter: the economy may not have caught up. in a recent cnn/orc poll only a quarter of the people polled believed the economy was getting better. deb? >> good news, but certainly reason to be cautious. alexandra field, thank you. >>> well, could your job one day be filled by a traveling robot? several big companies are right now working on their robot armies. one of them may even pull up to your house one day in a car that needs no driver. what is tech's next big thing? that is just ahead. [ male announcer ] this store knows how to handle a saturday crowd. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. with 10 standard airbags and an epa-estimated 38 mpg highway, you guys a
harvard has a higher rate. >> reporter: the economy may not have caught up. in a recent cnn/orc poll only a quarter of the people polled believed the economy was getting better. deb? >> good news, but certainly reason to be cautious. alexandra field, thank you. >>> well, could your job one day be filled by a traveling robot? several big companies are right now working on their robot armies. one of them may even pull up to your house one day in a car that needs no driver....
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Dec 4, 2013
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speaking about the economy and also the government's potential to help address what he said was the united states' rising inequality. here's part of what he just had to say about paying for a college education. >> when michele, the daughter of a shift worker at a water plant and a secretary wanted to go to college, just like me, this country helped us afford it. until we could pay it back. so what drives me is a grandson, a son, a father, as an american is to make sure that every striving, hard-working optimistic kid in america has the same incredible chance that this country gave me. >> and many will probably remember that the president and the first lady have been very open about it took so many years to pay off those loans, there's 40 years old before finally paying off the loans. let's talk to jim acosta with more on the president's message about affording education, the disparity of economics in this corrupt, et cetera, et cetera. >> sure. hi, guys. a couple of things were going on there. the president's message, let's talk about that for a few moments. he was talking about income dis
speaking about the economy and also the government's potential to help address what he said was the united states' rising inequality. here's part of what he just had to say about paying for a college education. >> when michele, the daughter of a shift worker at a water plant and a secretary wanted to go to college, just like me, this country helped us afford it. until we could pay it back. so what drives me is a grandson, a son, a father, as an american is to make sure that every...
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but this is really a recovering economy story. and pent up demand story. and you're hearing it from the automakers who are looking at the a good 2014, as well. their stocks reflecting it, too. >> absolutely. so the auto bailout was a good idea? we all remember back in 2008 when mitt romney said let detroit go bankrupt and there was a big partisan fight. so who is right? does the american public get money back? >> the american public has gotten all but about $10 billion back from gm. lost about $1.3 billion on chrysler. ford never took the bailout. be very clear. ford never took the bailout, it was in a better position at the beginning of the financial crisis. but the u.s. taxpayer lost money on those two bailouts of chrysler and gm. but let's be clear. they could have lost a lot more. so there is what they have lost, that is just gm, but a lot of people say, wow, that ended up being a pretty good investment. gm since 2010 has invested $8.8 billion of either own money into 34 facilities and saved or created 25,000 jobs they say. and you have basically the a
but this is really a recovering economy story. and pent up demand story. and you're hearing it from the automakers who are looking at the a good 2014, as well. their stocks reflecting it, too. >> absolutely. so the auto bailout was a good idea? we all remember back in 2008 when mitt romney said let detroit go bankrupt and there was a big partisan fight. so who is right? does the american public get money back? >> the american public has gotten all but about $10 billion back from gm....
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Dec 2, 2013
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so what does that say about our economy? >> well, first of all, the data we get on -- from the retailers at this time of year is almost always contradictory and confusing. they are not always completely forthcoming because they don't want to discourage people from shopping. i think the most interesting thing we saw over the weekend, besides the fact that a number of retailers decided to be open on thanksgiving day, was that 40% of the sales were on-line. in a sense, cyber monday is an accra nism. cyber monday dates from the day when people had slow internet at home and came to work on monday after thanksgiving and ordered. now so many have broadband people are shopping on-line all the time and the retailers are scrambling to catch up with consumers. >> i shop on-line too in light of the incidents you see every black friday, always seems to be a fight somewhere and that can't help retailers, right? >> right. well, of course not. but i think people like going to the stores. we at the "wall street journal" and others did storie
so what does that say about our economy? >> well, first of all, the data we get on -- from the retailers at this time of year is almost always contradictory and confusing. they are not always completely forthcoming because they don't want to discourage people from shopping. i think the most interesting thing we saw over the weekend, besides the fact that a number of retailers decided to be open on thanksgiving day, was that 40% of the sales were on-line. in a sense, cyber monday is an...
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Dec 3, 2013
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! my boyfriend has a lot of can't-miss moments. i checked out the windows phones and saw the lumia 1020 has 41 megapixels. so i can zoom way in even after i take the picture. and i can adjust the shot before i take it so i get it exactly how i want. so, i went with a windows phone. maybe i just see things other people don't. ♪ honestly ♪ i wanna see you be brave ♪ so when coverage really counts, count on nationwide insurance. because what's precious to you is precious to us. ♪ love, love is strange just another way we put members first. because we don't have shareholders. join the nation. ♪ baby... ♪ nationwide is on your side ♪ cortizone-10 has the strongest nonprescription itch medicine plus moisturizers to help heal skin fast. cor
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! my boyfriend has a lot of can't-miss moments. i checked out the windows phones and saw the lumia 1020 has 41 megapixels. so i can zoom way in even after i take the...
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Dec 9, 2013
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only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> welcome back to "the lead." i'm jake tapper. now turning to the national lead. it's kind of like the matrix except the agents are with the nsa and british intelligence and their targets are terror suspects. we learned today that government spies have reportedly been infiltrating the virtual worlds of online video games like "world of war craft" and "second life" to try and recruit informants and stop terror attacks before they happen. that's according to documents leaked by former nsa contractor edward snowden and reported in a joint investigation by the "new york times," pro publica and the guardian. now, if your knowledge of the video game universe begins and ends with "frogger" don't worry. we will break it down for you. spencer ackerman, u.s. national security editor at the guardian joins me from new york. spencer, the guardian's calling this a hoarde of undercover orks. please break out the nerd to english/english to nerd dictionary and translate that for us. >> w
only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> welcome back to "the lead." i'm jake tapper. now turning to the national lead. it's kind of like the matrix except the agents are with the nsa and british intelligence and their targets are terror suspects. we learned today that government spies have reportedly been infiltrating the virtual worlds of online video games like "world of war craft" and "second life" to try and...